Iraq Economic News And Points To Ponder Thursday Morning 6-19-25

Ministry Of Commerce: A National Strategic Plan To Protect Markets From Regional Fluctuations

Buratha News Agency1602025-06-18    The Ministry of Commerce announced a comprehensive plan on Wednesday aimed at bolstering food security in the country, amid regional tensions.

Ministry spokesperson Mohammed Hanoun told the official news agency, "The purpose of announcing the plan is to strengthen the country's ability to confront any potential disruptions to food supplies and ensure the continuity of the supply of essential commodities without interruption or excessive price increases."

He explained that "the plan aims to achieve local market stability by securing a strategic stockpile of essential commodities, improving the ration card's components to promote social justice, providing a flexible commercial environment that allows for the smooth entry of raw materials, and activating oversight to prevent exploitation and monopoly."

Hanoun also explained that "the ministry seeks to ensure the stability of the food basket's supply, both for vulnerable groups and for citizens covered by the program, who number more than 42 million people."

He noted that "the increase in the ration card's components is linked to decisions by the Council of Ministers, and the ministry is committed to implementing it through a network of approximately 69,000 distribution agents across Iraq."

Regarding customs facilitations, Hanoun confirmed that "the measures focus primarily on food commodities and raw materials for the food industry, and include expediting customs clearance, temporarily reducing fees for some high-demand items, and granting inspection priority to goods related to food safety."

He added, "These facilities do not cover all types of goods, but are implemented according to regulations set by specialized joint committees."

He also noted that "the ministry has prepared an extensive monitoring plan to control prices in local markets, including deploying field teams in Baghdad and the governorates to monitor prices and verify invoices, in addition to coordinating with the Economic Security Service to take legal action against manipulators and monopolists."

He added, "A hotline has been activated to receive citizens' complaints about price increases or shortages, in addition to preparing daily price reports in all governorates to ensure a rapid response." https://burathanews.com/arabic/economic/461625

The dollar rises again against the Iraqi dinar in Baghdad.

Stock Exchange  Economy News – Baghdad  The US dollar exchange rate rose in Baghdad markets on Wednesday morning.  The dollar price rose on the Al-Kifah and Al-Harithiya stock exchanges, reaching 143,550 Iraqi dinars per $100, while yesterday morning, Tuesday, it reached 143,250 dinars per $100.

Selling prices at exchange offices in Baghdad's local markets rose, with the selling price reaching 144,500 Iraqi dinars for $100, and the buying price reaching 142,500 dinars for $100. 366 views  Added 2025/06/18 - 10:36 AM  https://economy-news.net/content.php?id=56374

Iraqi Finance Figures Show A "Soft Rentier" Economy. Are There Alternatives?
 
Energy and Business     breaking  2025-06-18 00:58  Shafaq News/ An Iraqi economist warned on Wednesday  against the country's continued reliance on a rentier economy, noting that  it  "creates a consumer society" and   weakens the national production base.  Mohammed al-Hasani told Shafaq News Agency,
 
"A rentier economy
     is usually weak and
     produces a consumer society dominated by the import sector,
     with little interest in manufacturing industries.
 
This is what applies to Iraq."
 
Al-Hasani called on the Iraqi government to
 
"work and strive to develop
     Iraq's industrial production sectors and
     diverse agriculture in order to

     stimulate the country's foreign trade sector and
     achieve the highest possible financial revenues
 
that contribute to achieving the highest returns for the
     national income and the       Iraqi state treasury."
 
The Iraqi Ministry of Finance revealed that federal budget revenues from January to March 2025 exceeded 27 trillion dinars, with oil accounting for 91% of total revenues.
 
Tables issued by the Ministry of Finance in June for the first quarter of the year, monitored by Shafaq News Agency, showed that oil remains the primary source of revenue for the general budget,
reinforcing the rentier nature of the Iraqi economy.

According to the ministry's data, total revenues amounted to 27 trillion, 248 billion, 764 million, 196 thousand, and 554 dinars, while total expenditures amounted to 26 trillion, 662 billion, 428 million, 661 thousand, and 44 dinars.
 
Oil revenues alone amounted to 24 trillion, 911 billion, 906 million, and 926 thousand dinars, equivalent to 91% of total revenues, while non-oil revenues amounted to 2 trillion, 336 billion, 857 million, and 269 thousand dinars.
 
In March 2021, the Prime Minister's advisor for financial affairs, Mazhar Mohammed Salih, explained to Shafaq News Agency that  the reasons behind the Iraqi economy remaining rentier are due to the
 
     wars and economic blockades of the past decades, in addition to the
     current political conflicts that have squandered economic resources.

Saleh added that the country's continued reliance on oil as its sole source of revenue
     makes Iraq vulnerable to global crises that impact oil prices,
     forcing the country to repeatedly resort to borrowing to cover its deficit.
 
This reflects    weak financial management and an   inability to develop effective financing alternatives.
  
https://shafaq.com/ar/اقتصـاد/رقام-المالية-العراقية-تظهر-اقتصادا-ريعيا-رخوا-هل-من-بدا-ل 

Find Out The Gold Prices In Local Markets.

Economy | 12:44 - 06/18/2025  Mawazine News - Baghdad -  Foreign and Iraqi gold prices witnessed a slight increase in local markets on Wednesday.

Gold prices in the wholesale markets on Al-Naher Street in Baghdad this morning recorded a selling price of one mithqal of 21-karat Gulf, Turkish and European gold at 680,000 dinars, and a purchase price of 676,000 dinars. The selling price of one mithqal of 21-karat Iraqi gold reached 650,000 dinars, while the purchase price reached 646,000 dinars.

In goldsmiths' shops, our correspondent explained that the selling price of one mithqal of 21-karat Gulf gold ranged between 680,000 and 690,000 dinars, while the selling price of one mithqal of Iraqi gold ranged between 650,000 and 660,000 dinars.   https://www.mawazin.net/Details.aspx?jimare=262737

For current and reliable Iraqi news please visit:  https://www.bondladyscorner.com/

Seeds of Wisdom RV and Economic Updates Thursday Morning 6-19-25

Seeds of Wisdom RV and Economic Updates Thursday Morning 6-19-25

Good Morning Dinar Recaps,

XRP and Cardano Merger? Crypto Analyst Calls It “Unstoppable”

A surprising alliance may be forming in the crypto space as XRP and Cardano, two of the most loyal and powerful crypto communities, begin exploring integration.

George Tung, founder of CryptosRus, says the potential merger could create an “unstoppable force” within the digital asset industry.

“Two of the strongest armies and strongest holders out there. Combining the two would create an unstoppable force,” Tung asserted.

Key Developments:

▪️ Charles Hoskinson, Cardano’s founder, is pushing for XRP integration across Cardano’s DeFi ecosystem, stablecoins, and wallets.

▪️ XRP and Cardano communities, long considered rivals, are moving toward real collaboration after resolving past conflicts.

▪️ XRP integration into Cardano’s Lace wallet, and possible deployment of Ripple’s RLUSD stablecoin on Cardano, are already in progress.

From Rivals to Collaborators: A Shift in Crypto Dynamics

Historically, XRP and Cardano supporters have clashed, often over regulatory narratives and public comments made by Hoskinson regarding Ethereum and XRP’s legal battles. But in 2023, Hoskinson issued a public apology to the XRP community, signaling a new chapter of cooperation.

That gesture appears to have opened the door to practical steps toward collaboration between the two blockchain ecosystems.

Crypto’s Most Loyal Communities Join Forces

Tung's prediction rests on a simple but powerful truth: both XRP and Cardano have endured market volatility, regulatory scrutiny, and prolonged development cycles—without losing the support of their core users.

▪️ XRP holders famously held firm during the 2020 SEC lawsuit, refusing to sell despite major market pressure.

▪️ Cardano users have backed the project through years of slow, research-driven development, showing a deep-rooted belief in its long-term vision.

These loyal user bases have transformed both assets into crypto mainstays, dominating social media platforms and shaping market sentiment.

What’s Already Underway: From Wallets to Airdrops

Major collaborative efforts are already taking shape:

▪️ Ripple’s RLUSD stablecoin is expected to launch on Cardano, enabling seamless cross-chain value transfer.

▪️ XRP integration into Cardano’s Lace wallet is underway, allowing users to hold both assets side-by-side.

▪️ Cardano’s Midnight airdrop—featuring NIGHT and DUST tokens—will include XRP holders, reaching over 37 million wallets.

▪️ Hoskinson has floated the idea of Midnight protocol as a DeFi layer for XRP, potentially unlocking new yield and liquidity opportunities.

What Could Come Next: A Crypto Power Duo in Formation

This alliance is still in its early stages, but the implications could be profound. A formal merger or deep integration between XRP’s institutional reach and Cardano’s DeFi infrastructure would create a crypto network with global utility, resilience, and scalability.

If these plans succeed, George Tung’s “unstoppable force” prediction may no longer sound like hype—but a credible threat to current crypto market leaders.

@ Newshounds News™
Source: Coinpedia

~~~~~~~~~

XRP-Powered DeFi Accelerates with cbXRP Support and $100M Institutional Investment

The decentralized finance (DeFi) ecosystem is seeing a significant boost in XRP integration, as Coinbase’s cbXRP and Flare Network’s staking innovations pave the way for broader utility and liquidity.

Key Highlights:

▪️ Moonwell on Base becomes the first DeFi protocol to support cbXRP, a tokenized version of XRP issued by Coinbase, allowing users to borrow USDC against XRP without selling.

▪️ Flare Network attracts a $100 million investment from VivoPower, marking one of the largest XRP-backed DeFi commitments to date.

▪️ Flare’s Total Value Locked (TVL) surged to a record $162 million, up from $38 million in April, driven by new DeFi features and omnichain integrations.

▪️ XRP’s role in DeFi is expanding through staking, liquidity, and stablecoin integrations, opening new doors for long-term XRP holders.

Moonwell Launches cbXRP on Base: DeFi Lending Without Selling XRP

Moonwell, a prominent lending platform on Coinbase’s Base ecosystem, has launched the first-ever market for cbXRP, a 1:1 tokenized version of XRP. This marks a turning point for XRP holders seeking DeFi exposure.

To participate, users exchange XRP for cbXRP via Coinbase, enabling them to borrow USDC while retaining XRP exposure. This move allows for capital-efficient participation in DeFi without the need to liquidate holdings.

Flare Attracts $100M XRP Investment From VivoPower

VivoPower, an electric vehicle services company, has pledged a $100 million XRP investment in partnership with Flare. The company plans to become the first XRP-focused digital asset enterprise, leveraging institutional yield strategies via DeFi.

Flare supports XRP’s on-chain functionality through FXRP, a fully non-custodial, 1:1 wrapped version of XRP, and is developing a liquid staking model with stXRP, mirroring Lido DAO’s liquid staking structure.

Liquidity Soars on Flare with USDT0 Integration

In addition to institutional support, Flare’s liquidity has surged following its integration of USDT0—an omnichain version of Tether’s USDT, based on LayerZero’s Omnichain Fungible Token standard.

▪️ TVL on Flare hit an all-time high of $162 million on June 8, up from $38 million in late April.
▪️ As of now, TVL stands at $144 million, according to DeFiLlama.

What This Means for XRP Holders and DeFi

These developments signal a growing DeFi footprint for XRP, a token historically focused on payments and remittances. By entering lending, staking, and liquidity provisioning through cbXRP, FXRP, and stXRP, XRP is now embedded in a fast-evolving DeFi landscape.

Long-term holders gain access to new earning strategies, while institutional players see fresh pathways to engage with the ecosystem—without compromising compliance or control.

As Ripple’s regulatory clarity strengthens and DeFi integrations deepen, XRP is emerging as a central player in next-generation finance.

@ Newshounds News™
Source: FXStreet

~~~~~~~~~

Ohio House Passes Landmark Bill for Tax-Free Crypto Payments and Mining Protections

Ohio is stepping into the crypto spotlight with a sweeping new bill that could reshape the state's approach to digital assets. On Wednesday, the Ohio House of Representatives passed House Bill 116 — the Ohio Blockchain Basics Act — by a vote of 70–26, signaling a bipartisan shift toward blockchain innovation and deregulation.

Key Highlights:

▪️ Crypto transactions under $200 will be exempt from capital gains taxes, with the threshold set to adjust annually for inflation.

▪️ Mining and staking protections are built into the bill, shielding operations from discriminatory zoning laws or licensing burdens.

▪️ The bill ensures residential and industrial crypto mining is allowed if local ordinances are followed.

▪️ Ohio aims to ban government overreach on wallets, nodes, swaps, and other blockchain activity.

▪️ House Bill 116 now moves to the Ohio Senate and could soon reach Governor Mike DeWine for final approval.

$200 Crypto Payment Exemption Could Set Precedent

At the heart of the legislation is a tax exemption for crypto transactions under $200, eliminating capital gains tax obligations for small, everyday payments. The threshold will rise annually with the Consumer Price Index (CPI), rounded up to the nearest $5 — and notably, the bill prevents future reductions to this limit.

This provision aligns with national efforts to treat crypto like cash for low-value transactions, a move widely supported by industry advocates and users alike.

Mining Freedoms for Residential and Industrial Areas

The bill also breaks new ground by permitting crypto mining in residential zones, provided local noise and ordinance regulations are met. Industrial-zoned areas would allow full-scale mining operations, and the law bars state regulators from enforcing crypto-specific rules that don’t apply to other businesses.

Additionally, the bill states that any rezoning that harms mining operations must go through a formal notice and comment process. If miners believe they're being discriminated against, they’ll have the right to challenge it in court.

No License Needed for Core Blockchain Activities

The Ohio Blockchain Basics Act exempts a broad range of blockchain activities from licensing requirements. These include:

• Mining and staking

• Operating blockchain nodes

• Crypto-to-crypto swaps

• Software development for blockchain transactions

It further clarifies that these activities do not constitute securities offerings, a direct response to the SEC's legal posture under the Biden administration.

Wallet Autonomy and Future Plans

The bill also prohibits the government from interfering with hardware wallets or self-custody practices, reinforcing user sovereignty over digital assets — a core principle in the crypto ethos.

Looking ahead, Ohio lawmakers are considering another proposal: the creation of an “Ohio Bitcoin Reserve Fund,” introduced in January. That bill is currently under review by the Financial Institutions, Insurance, and Technology Committee.

Ohio Emerges as a Crypto-Friendly State

With over 160 crypto-related bills introduced across 40 U.S. states, Ohio’s move puts it at the forefront of regulatory innovation. By protecting on-chain activity and encouraging tax-friendly adoption, the state sends a clear signal: Ohio is open for blockchain business.

@ Newshounds News™
Source: Cointelegraph

~~~~~~~~~

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“Tidbits From TNT” Thursday Morning 6-19-2025

TNT:

Tishwash:  During Saturday's session, legislation is expected, including the budget and three other laws.

Member of Parliament Mohammed Al-Ziyadi confirmed on Thursday that the Iraqi parliament will resume its sessions starting next Saturday, following a decision to cancel the legislative recess.

Al-Zayadi told Al-Maalouma News Agency that “the House of Representatives will begin its sessions on Saturday, as part of the final legislative term, after the legislative recess was cancelled,” noting that the parliament’s agenda includes a number of important laws that are a priority for the next phase.

He explained that "among the most prominent laws that will be discussed and approved during this session are the law restructuring the Popular Mobilization Forces, amending the industrial investment law, and the education law, in addition to voting on the 2025 budget schedules."

It is noteworthy that Parliament held a deliberative session earlier this week dedicated to discussing the repercussions of the imposed war on Iran, during which the representatives called for the necessity of activating and strengthening air defense systems to ensure the protection of national autonomy.   link

Tishwash:  Government advisor: A positive oil price shock reduces the budget's need for borrowing.

The Prime Minister's financial advisor, Mazhar Mohammed Saleh, confirmed that the geopolitical circumstances resulting from the ongoing war between Iran and Israel undoubtedly contributed to generating a "positive oil price shock," as oil markets have recovered from the decline in the oil asset cycle (i.e., the previous negative oil shock) in the recent period, with oil prices now making their way towards a rapid rise.

Saleh explained to Al Furat News Agency that "the average oil price decline of $10 per barrel of exported oil from the levels of the beginning of the current year 2025 has returned to witness an increase to its previous stable conditions before the decline, and within a few days, with an increase estimated at about $10 per barrel of exported crude oil, and in an opposite manner under the influence of the positive oil price shock."

He added, "This will undoubtedly reduce the general budget's need for large-scale actual borrowing if public spending is based on the annual minimum of 160 trillion dinars per year, and at an average annual oil price of $75 per barrel. This means covering operating and investment expenses relatively comfortably if the oil barrel maintains an annual average that exceeds or approaches the aforementioned average increase in exports throughout the current fiscal year. This is an activity for the general budget in 2025 that is similar to the spending developments that occurred in 2024."

Saleh pointed out that "what we see is that the current high price structure will likely stabilize without declining even if hostilities between the two parties to the ongoing conflict in the Middle East cease. This is due to the influence of hedging factors and the buildup of fossil fuel stocks at the global level, in addition to the rapid expiration of the downward cycle of oil assets after taking its current stable form and maintaining balance in energy markets under the influence of the continued multiplicity of geopolitical tensions in more than one place in the global energy demand belts."

He stressed that "this does not preclude diversifying non-oil revenue sources in a transparent and more governed manner, and imposing discipline on any unnecessary expenditures that can be postponed at the present time, in light of the policy."  link

*************

Tishwash:  The President and Prime Minister affirm Iraq's categorical rejection of any violation of its sovereignty.

President of the Republic, Abdul Latif Jamal Rashid, and Prime Minister, Mohammed Shia Al-Sudani, affirmed during their meeting in Baghdad, on Wednesday, Iraq's categorical rejection of the violation of its sovereignty by the Zionist entity, and the endangerment of its airspace in light of the recent regional escalation.

According to a statement issued by the Prime Minister's media office, received by Mawazine News, during the meeting, the general situation in the country and security developments in the region were discussed as a result of the continued Israeli aggression against the Islamic Republic of Iran, and the widespread threat it poses to the security and stability of the region and the world.

The statement added that "Iraq supports all legal and diplomatic steps taken by the government to protect its sovereignty, including resorting to international bodies and working to resume negotiations between Tehran and Washington as a way to reduce tensions."

The meeting also witnessed an emphasis on the importance of national unity and the solidarity of all political and social forces to support the state's efforts in confronting the increasing challenges resulting from regional developments.  link

**I*************

Tishwash:  Al-Sudani declares 2025 the year of Iraqi industry.

Prime Minister Mohammed Shia al-Sudani announced that 2025 will be the year of Iraqi industry, in a new confirmation of the government's progress with its plans to support national industry and achieve self-sufficiency in vital sectors such as food and energy.

This came during his inauguration, yesterday, Wednesday, of a group of strategic industrial projects in Babil Governorate, which included the mills of the Union Company for the production of zero flour in the Madhatiyah district, which were completed in only (11) months, with a production capacity of up to one million tons annually, which covers about (50%) of the local market’s need and reduces dependence on importing flour, which used to cost the country more than (750) million dollars annually.

The Prime Minister emphasized that "these projects represent a clear example of the government's approach to supporting the manufacturing and food industries, through effective partnerships with the private sector and providing an appropriate investment environment."

Al-Sudani also launched the executive works of the Diwan factory for the production of transformers, cables and smart meters, which is a strategic project to localize electrical industries, and is being implemented with the latest technical specifications with a budget of up to (300) million dollars.

Al-Sudani said: “I announce that the year 2025 will be the year of Iraqi industry, and we are continuing to open major industrial projects and lay the foundation stone for new factories, in the belief that the national economy cannot rise without a strong national industry.”

He pointed out that the government is working to enhance food and energy security and reduce dependence on foreign resources, especially in light of the current global crises, stressing that Iraq possesses the capabilities and competencies that will enable it to rise again as a regional industrial power.

The Prime Minister explained that Babylon Governorate is on the verge of a qualitative transformation in the field of industry, as it includes more than (2000) operating factories, in addition to the government’s readiness to declare it an integrated industrial city after completing the requirements for establishing new industrial cities in it, with support from the federal government.

Al-Sudani concluded by saying, "We strongly support the loyal people of Iraq who are shaping the industrial future, and we are working to remove all obstacles facing the industrial sector, so that it can be the primary driver of economic growth and job creation."  link

Mot: Be Sure And ...... 

Mot:  aaaaaahhhhhhhh -- the Clarity of Life frum da Net!!!!  

In a World Buried in Debt, there are Only Three Exits

In a World Buried in Debt, there are Only Three Exits

Gold Telegraph:  6-18-2025

BREAKING NEWS: A RECORD SHARE OF THE WORLD’S CENTRAL BANKS PLANS TO ACCUMULATE MORE GOLD OVER THE NEXT 12 MONTHS

The trend…

Things are in full swing.

Source: https://www.bloomberg.com/news/articles/2025-06-17/more-central-banks-than-ever-plan-to-build-up-their-gold-hoards

We are now at the stage where we print paper currency to fund wars and bailouts, yet hoard the one asset that can’t be printed out of thin air. Gold.

While most people sleepwalk through headlines, the people who design this system are hoarding. You can’t even write this script.

Roughly half of the central banks in the Global South plan to increase their gold reserves in the next 12 months. Think about this. The Russian president said last year that countries of the Global South are taking leading roles in the world. Gold is at the centre of it.

In chess, you better know every piece on the board. If you ignore the pawn, you will never see the checkmate coming.

BREAKING NEWS: THE PEOPLE’S BANK OF CHINA GOVERNOR SAYS IN THE FUTURE, THE GLOBAL MONETARY SYSTEM COULD CONTINUE TO EVOLVE TOWARD A SITUATION WHERE A FEW SOVEREIGN CURRENCIES CO-EXIST, COMPETE AND CHECK AND BALANCE EACH OTHER

It is in motion.

“People’s Bank of China Governor Pan Gongsheng laid out in the clearest terms yet his vision for the future of a new global currency order…”

Source: https://www.bloomberg.com/news/articles/2025-06-18/pboc-chief-sees-currency-competition-as-dollar-dominance-falters

The People’s Bank of China Governor also said that one option is to promote a super-sovereign currency, using IMF special drawing rights (SDRs) as a possible choice. Boom. The key message: “A possible choice.” A super-sovereign currency is GOLD.

The entire world is now watching for stagflation.

Gold Telegraph:  I was very early with this prediction, but how can anyone dismiss the prospects of stagflation? Look at the 1970s, valuation shifts and gold’s rise. Now we face tariffs, currency wars, hot conflicts, and to top it all off: Record global debt Nightmare for central banks.

The leader of China’s central bank expects new currency order to challenge the dollar. Everything is now out in the open. Gold…

China is about to eliminate all tariffs for 53 African nations under a new economic pact. This is BIG. Very strategic moves are being made now in real time.

Nassim Taleb says gold is effectively the reserve currency. Bingo.

The main stream media is beginning to acknowledge Judy Shelton as a potential candidate to lead the Federal Reserve. Principled and disciplined, Judy knows that gold holds the key to restoring trust in the U.S. monetary system and reviving the principle of sound money.

When a currency devalues or inflation eats away at a reserve asset, why would any nation cling to it as a true measure of value?

In a world buried in debt, there are only three exits:

1) Explosive growth
2) Deliberate devaluation
3) Default

When growth fails, devaluation takes over, gutting value and forcing a new monetary order into reality.

So don’t be surprised that gold has reclaimed its place as the world’s second-most vital reserve asset.

As I have said for years, my core thesis has always been: The Dollar vs. Gold.

If the United States remonetizes gold, it will not only change the fabric of the system but also reclaim the constitutional foundation of honest money that once made the dollar worth its name. @judyshel

Source(s):   https://x.com/GoldTelegraph_/status/1935023420749791684

https://dinarchronicles.com/2025/06/19/gold-telegraph-in-a-world-buried-in-debt-there-are-only-three-exits/

Bruce’s Big Call Dinar Intel Tuesday Night 6-17-25

Bruce’s Big Call Dinar Intel Tuesday Night 6-17-25  

Transcribed By WiserNow Emailed To Recaps

Welcome everybody to the big call tonight. It's Tuesday, June 17th  and you're listening to the big call. Glad to hear everybody still tuned in. I was running a little bit late, going to get last minute Intel for tonight's call. So I'm glad to be here. Glad we're all ready to go. So let's do this without further ado. Let's go ahead and pray the call in,

All right, let's get into where we stand in the in the way of Intel. I think Sue set me up a little bit for tonight, so we'll see, see how it we'll see how it goes.  What we have heard as late as this evening, there's quite a bit of things that are going on behind the scenes, some of which I can bring, and some of which are not entitled to bring.

However, I would say this much we're supposed to keep an eye on the next four days, which would be Wednesday, Thursday, Friday, Saturday, which is what 18th, 19th, 20th, 21st, being Saturday. Keep an eye on those four days.

And what I understand is happening in those four days are what we're looking for is, and you might not see this or know this, but program trades are now being activated in USN, as opposed to USD, in other words, our new digital currency, the USN, is digitally backed by XRP and that very positive thing for the value of our USN currency. Okay, so they're doing what's  called program trades on various bonds or currencies that are paying out essentially in USN,

Those need to occur in the next four days for us to be able to receive our numbers, our notification emails, most likely we're hearing Sunday night and Monday on those emails, Sunday night and Monday, so that we would be able to begin exchanges early next week, most likely Tuesday.

Now here's what's interesting, and we might get an announcement from President Trump or maybe Scott Dessent -  to this extent,  June, 19, so called Juneteenth. – is  I believe that slaves in the south received word of the Emancipation Proclamation by President Lincoln in 1865 and so that's an important day, and I believe it's also a national holiday, if I'm not mistaken, because you have to check that out, and I don't know by the time, however, it's a very important day for black people and white people in this country.

Now, what's interesting? Sue brought up debt slavery, and the end of that as well. I don't want to minimize Juneteenth for black brothers and sisters .

However, could it also be extended to refer to financial slavery that all of us, to large extent, some of us, have been under. Therefore Juneteenth refers to the emancipation for all of them regardless of race.

The other thing is we looking at  what ia happening with Israel, and Iran, and we know that That. and President Trump did use the term “we” referring to Israel as a an ally Israel, we have superior   airspace over Iran. They really are no longer a threat to Israel fighters and bombers and so on.

Now, the way I see it as well, is the Ayatollah has been given an ultimatum to make a decision for what looks like. I'm going to say complete surrender, probably in his best interest to do that anyway for different reasons. I won't go into those right now, but to take advantage of that situation and make that decision for complete surrender is a very positive thing, not only for him, but also for the Iranian people.

The people of Iran need emancipation as well, and I believe this whole thing is leading to a new order of government, a new freedom for the people of Iran. And President Trump's opinion on this is to tell those people and tell the leaders, if there are any left in Iran, don't make war. Let's make money.

He is going to give opportunity for trade with Iran, for just opportunities, because right now, they don't have any, you know, we don't want to take out their oil platforms, their oil production, because that's the way they earn money. And so I don't think we're going to be doing that, or Israel will be doing that.

I think that that's too valuable, not only for the people of Iran, but for also for the world to get the benefit of that oil. So my point is, I believe we're looking at Juneteenth as  maybe the start of emancipation, not only in the United States, but also globally, and quite possibly, for Iran, as they come into a new a new structure of government and more personal freedom for the people of Iran. So that's what I'm looking for to happen.

 Now today,  is the 17th the 19th  is going to be Thursday. We would have, theoretically another call on Thursday -  I don't know that we're going to get our numbers before the weekend. – The latest I heard today we are looking to receive those, quite possibly Sunday night or and or Monday.

So with that said, the question is, what else is there?

 I don't think there's a whole lot else that we need to know -  I think that getting prepared for this event, which is going to be one of the biggest events of our lives, is where you are now in preparation mode.

All right, let me think what else I can bring up. Redemption centers have no rates on screens today, and what we believe that they'll be there by the weekend, and maybe they'll be there before the weekend. We'll see. Obviously, new Intel comes in every day, and we have to sort that out and vet it and figure out what is relevant to what we what we're getting, I would say, keep an eye on what is happening with Iran and Israel

Also keep an eye on, what I  believe there is an agreement in place for Russia and Ukraine, but I haven't heard any specifics about it, so we don't know what stage that's at least. I don't know what stage is it. But you know, the problem with India and Pakistan was cooled off has been that's good.

So far. There's no problem with China and Taiwan. That's okay. These are the four hot spots I think that are affecting GESARA, and we need for GESARA to be pretty much at peace before that comes out.

Now, NESARA, our thing is coming out with probably an announcement by President Trump. I don't have a date on it. We just don't we thought we were going to get something. Was it Monday? Monday?

We thought we'd get something in the morning. It didn't happen. We didn't get that. So we don't know when that announcement is going to be but keep an eye out for the possibility of an announcement by President Trump that might just indicate our new asset backed currency  - we're not going to be considered gold backed, even that is backing up XRP, crypto creator, is backing up the US digitally .

So that's all cool too. Gosh, there's so many other new things that are coming out. I think our best bet to just it's important to not make this RV your entire life. We know what it'll do for us. We know what the med beds will do. But for time being, we have to continue with our plan A with whatever job you have or new job you're getting, you have to continue to work in that area until.

I mean, if I had known 20 years ago that this was going to take 20 years to happen, and yet I was invested 20 years ago, would I be doing the big call? I don't know, God’s got me in place for a reason so  I'm just going to do it -- As I told you guys - I'm going to take you over the threshold, and then obviously we're going to do our projects, and I think we're going to have a lot of help with rebuild America, build international  - veterans retreat network and pastoral retreat network.

I think those are my four projects, as you guys know, and that's what I'm looking to work with. And I hope many of you, I hope at least 5000 will help me put together, rebuild America, and it'll be a lot of fun and it'll be something that we can do. We meet, have regional get togethers, I think some of the most fun we've ever had.

I think really that is everything I really wanted to bring out tonight – we’ve got the timeline  that we've had confirmed by two more sources to look for something happening. And there's also about  $500 trillion dollars  moving in the next few days. I think this is coming from the, from the trade platforms.

We will see how that shakes out - If everything goes according to plan  we should be getting our notifications  Sunday night or Monday morning, or sometime Monday, let's say, to be fair, sometime Monday, and then be exchanging probably Tuesday of next week.

So All right, everybody enjoy Juneteenth, and we'll watch for that to come through. We'll hopefully Iran will have a decision to make - and give Iran their freedom in a new form of government.

Well, thanks everybody for listening tonight. Thank you Sue. Thank you Bob and thank you GCK  and Jeannie and Pastor Scott and everybody in big call universe, thank you satellite team for getting this activity to 20 or more million listeners around the globe.

And thank you big call  universe for tuning in for these 14 years so far, and everybody have a wonderful night tonight.  I do expect to do a call Thursday -Same time same station. So we look forward to talking with you then -  Let's pray the call out, then we'll say goodnight.  Well, good night everybody. Thanks so much. We'll see you Thursday night.

Bruce’s Big Call Dinar Intel Tuesday Night 6-17-25 REPLAY LINK   Intel Begins   1:12:40

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FH2f9

Bruce’s Big Call Dinar Intel Thursday Night 6-12-25 REPLAY LINK   Intel begins   1:12:12

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FH29R

Bruce’s Big Call Dinar Intel Tuesday Night 6-10-25 REPLAY LINK   Intel Begins   1:17:07

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FH2QT

Bruce’s Big Call Dinar Intel Thursday Night 6-5-25 REPLAY LINK   Intel begins   1:03:53

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHVlh

Bruce’s Big Call Dinar Intel Tuesday Night 6-3-25 REPLAY LINK   Intel Begins   1:06:00

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHVL6

Bruce’s Big Call Dinar Intel Thursday Night 5-29-25 REPLAY LINK   Intel begins   1:29:00

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHVTw

Bruce’s Big Call Dinar Intel Tuesday Night 5-27-25 REPLAY LINK   Intel Begins   1:15:15

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHV1o

Bruce’s Big Call Dinar Intel Thursday Night 5-22-25 REPLAY LINK   Intel begins   1:18:40

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHVXj

Bruce’s Big Call Dinar Intel Tuesday Night 5-20-25 REPLAY LINK   Intel Begins   1:11:00

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHVFe

Bruce’s Big Call Dinar Intel Thursday Night 5-15-25 REPLAY LINK   Intel begins   1:02:30

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHVQG

Iraq Economic News And Points To Ponder Wednesday Evening 6-18-25

Economist: Iraq's Benefit From Rising Oil Prices Depends On Three Factors
 
Time: 2025/06/18 15:24:10 Read: 540 Times  {Economic: Al-Furat News} Economist Salah Nouri 
confirmed on Wednesday that  Iraq's benefit from rising oil prices depends on three basic factors. He pointed out that fulfilling these conditions will have a positive impact on reducing the budget deficit and  supporting cash liquidity. 

Nouri told Al-Furat News Agency that "Iraq's benefit from rising oil prices depends on its ability to export the quantity planned in the budget,  given the regional security situation and the safety of maritime routes, in addition to  exporting the quantity of oil to the Kurdistan Region of Iraq, and the   amount of oil sales transfers from the US Federal Reserve."

He added that "fulfilling these conditions will have a positive impact on  reducing the budget deficit and  supporting cash liquidity."   https://alforatnews.iq/news/خبير-اقتصادي-استفادة-العراق-من-ارتفاع-أسعار-النفط-مشروطة-بتوفر-ثلاثة-عوامل

The Central Bank Of Iraq Organizes A Workshop On National And Sectoral Assessment Procedures.
 
June 18, 2025  The Central Bank of Iraq's Erbil branch organized a training workshop on

"National and Sectoral Assessment Procedures," attended by the General Manager of the Erbil branch,
in cooperation with the  Center for Banking Studies and the  Compliance Supervisor's Office at the Central Bank of Iraq.
 
The workshop was attended by a group of  private banks,  non-banking financial institutions, and  electronic payment companies operating in the region.
 
The workshop also addressed the   Anti-Money Laundering and Terrorist Financing Law No. (39) of 2015 and the  recommendations of the   Financial Action Task Force (FATF), in addition to the   national assessment of money laundering and terrorist financing risks based on international standards.
 
The workshop  focused on   practical applications and   operational risk assessment, and  presented real-life case studies that enriched the discussion and    developed the participants' analytical skills.
 
The lecturers emphasized the importance of
     private banks,
     non-banking financial institutions, and
     electronic payment companies
adhering to
     updated compliance policies and
     effective cooperation between relevant units
to ensure a
     cohesive banking environment that
     keeps pace with
          international standards and
embodies the vision of the Central Bank of Iraq in this regard.

This workshop comes as part of the vision of the
     Center for Banking Studies at the Central Bank of Iraq and the
     Office of the Compliance Controller of the Central Bank
 
to prepare a qualified generation of banking professionals
     capable of meeting modern regulatory challenges and
     instilling a culture of compliance
 
as the cornerstone of sound banking governance.
    
Central Bank of Iraq    Media Office   June 18, 2025    https://cbi.iq/news/view/2913 

With A Document... The Iraq Stock Exchange Cancels The License Of Batek Company.
 
Economy     2025-06-18 880 views  Alsumaria News – Economy   Stock Exchange decided The Iraq today, Tuesday, to revoke the license of Al-Batec Securities Brokerage Company.
 
A document issued by the market and received by Alsumaria News stated that,
 
“Based on the letter of the Securities Commission No. 1169/5 on 6/5/2025, Regulation No. (5) to stop, suspend and delete brokerage companies and the securities regulations, the following was decided:
 
-Revoking the brokerage status of Al-Batec Brokerage Company, which is wholly owned by...
To the Bank of Babylon and cancel the company’s license and permit to practice work in
The market, based on Article (3//ninth) of the above-mentioned regulations, stipulates that the broker’s brokerage status shall be revoked in one of the following cases:
 
“In the event that the company is suspended from operating in the market by a decision from the Authority or the market, and the company does not take measures to return to work within six months from the date of suspension.”
 
2- Continuing to close all trading stations designated for the company.
 
3- Please settle the deposit account and provide proof of returning investors’ funds to them within a maximum period of 6/25/2025.
 
4- Shareholders’ shares deposited in the company’s account will be returned to the deposit center’s account.
 
5- Babylon Bank shall bear the responsibility for any financial and legal obligations that may arise for the company after this date as a result of its previous activity.
 
We hope that you will retain any supporting documents for all of the company’s previous operations.     
 
[url=https://www.alsumaria.tv/uploadImages/ExtImages/Images1/WhatsApp Image 2025-06-18 at 5.06.53 PM-638858536302127269.jpeg]

https://www.alsumaria.tv/uploadImages/ExtImages/Images1/WhatsApp%20Image%202025-06-18%20at%205.06.53%20PM-638858536302127269.jpeg[/url]
  
https://www.alsumaria.tv/news/economy/530348/بالوثيقة-سوق-العراق-للأوراق-المالية-يلغي-إجازة-ترخيص-شركة-الباتك  

For current and reliable Iraqi news please visit:  https://www.bondladyscorner.com/

More News, Rumors and Opinions Wed. PM 6-18-2025

KTFA:

Clare:  The Prime Minister launches the implementation of three factories of the Union Company in Babil Governorate to produce transformers.

6/18/2025   Baghdad -

 Prime Minister Mohammed Shia al-Sudani launched today, Wednesday, the implementation works of three factories of the Union Company in Babil Governorate.

The Prime Minister's media office stated, in a statement received by the Iraqi News Agency (INA), that "Prime Minister Mohammed Shia al-Sudani launched the implementation works of three factories of the Union Company in Babil Governorate, to produce transformers, electrical cables, and smart meters."   LINK

Clare:  Under the TIR Agreement, Customs: An international shipment transits from the UAE to Poland via Iraq.

6/18/2025  Baghdad – 

The General Authority of Customs announced, on Tuesday, the transit of an international shipment from the UAE to Poland, passing through Iraqi territory, within the framework of the TIR Agreement

A statement by the Authority, received by the Iraqi News Agency (INA), stated that "the General Authority of Customs announced the transit of an international commercial shipment coming from the Emirate of Ras Al Khaimah in the United Arab Emirates and heading to the Republic of Poland, passing through Iraqi territory, within the framework of the implementation of the International Transport of Goods (TIR) ​​Agreement."

The statement explained that "the shipment entered Iraq through the Trebil border crossing with the Hashemite Kingdom of Jordan, and continued its way through Iraqi territory to exit from the Ibrahim Al Khalil border crossing towards Turkey, and then to its final destination in Poland."

The statement stressed that "the tracking process was carried out using the GPS system throughout the shipment's transit period inside Iraq, without recording any delays or errors, in a step that reflects the effectiveness of the customs control system and the development of technical procedures."

Director General of the General Authority of Customs, Thamer Qasim Dawood, stated, according to the statement, that "this crossing represents a clear indication of Iraq's commitment to implementing international agreements and reflects its advanced position as a vital trade corridor in the region." He pointed out that "the Authority continues to support trade exchange in accordance with international best practices."

Dawood added, according to the statement, that "this achievement comes with direct support from the Prime Minister and the Minister of Finance, and embodies the government's efforts to strengthen customs infrastructure and facilitate cross-border transport operations to serve the country's economic interests."

For his part, the head of the Transit Department at the General Authority of Customs confirmed, "We work daily to facilitate the movement of transit shipments and ensure their flow within the approved legal and technical frameworks.

 This crossing has constituted an integrated model for port cooperation and the implementation of an electronic tracking system, which enhances the confidence of international partners in transit routes within Iraq."   LINK

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Courtesy of Dinar Guru:  https://www.dinarguru.com/

Militia Man  Article quote:  "...representatives called...to ban cash payments within the government institutions...This means 80% of paper money will be transferred to cards...These steps should be implemented increasingly to move cash out of homes and pockets and into banks."  They're trying to and have been for quite a long time reducing the cash in circulation which is a good thing.

Frank26   Article:   "The Iraqi Ministry of Finance announces the cessation of paper currency in all financial transactions and the adoption of electronic payment methods as the sole option for processing payments and revenues in government institutions"   GOING DIGITAL PROTECTS THE NEW EXCHANGE RATE!  This is all fantastic.

'Zombie' Collapse Warning: $2 Trillion Private Credit Bubble Danger | Clem Chambers

David Lin:  6-18-2025

0:00 - Intro

0:39 - World War 2.5

3:42 - Defense stocks

5:42 - European militarization

 8:52 - Leadership

10:15 - Iran-Israel

12:58 - Market pricing of geopolitical risk

15:46 - Portfolio positioning

18:44 - Private credit and zombies

 28:15 - Bitcoin

36:02 - Investment advice

https://www.youtube.com/watch?v=23DB88yEdvc

Iraq Economic News And Points To Ponder Wednesday Afternoon 6-18-25

Kocher: Iraq's Benefits From Rising Oil Prices Depend On The Absence Of Export Barriers.

Time: 2025/06/18 15:30:01 Read: 480 times   {Economic: Al Furat News} Member of the Parliamentary Finance Committee, Jamal Kocher, confirmed today, Wednesday, that Iraq can benefit from the rise in oil prices if there are no obstacles to oil exports, noting that oil is subject to two basic equations.

In a statement to Al Furat News Agency, Kocher said, "Oil is subject to two equations: the first is oil exports, and the second is the rise in its prices."

He explained that, "If these two equations are achieved, Iraq will benefit from the rise in prices."

He added, "Any disruptions in the sale and shipment of oil by sea could offset the price increases caused by the shortage."  LINK

Government Advisor: A Positive Oil Price Shock Reduces The Budget's Need For Borrowing

Time: 2025/06/18 15:50:02 Reading: 810 times  {Economic: Al Furat News} The Prime Minister's financial advisor, Mazhar Mohammed Saleh, confirmed that the geopolitical circumstances resulting from the ongoing war between Iran and Israel undoubtedly contributed to generating a "positive oil price shock," as oil markets have recovered from the decline in the oil asset cycle (i.e., the previous negative oil shock) in the recent period, with oil prices now making their way towards a rapid rise.

Saleh explained to Al Furat News Agency that "the average oil price decline of $10 per barrel of exported oil from the levels of the beginning of the current year 2025 has returned to witness an increase to its previous stable conditions before the decline, and within a few days, with an increase estimated at about $10 per barrel of exported crude oil, and in an opposite manner under the influence of the positive oil price shock."

He added, "This will undoubtedly reduce the general budget's need for large-scale actual borrowing if public spending is based on the annual minimum of 160 trillion dinars per year, and at an average annual oil price of $75 per barrel. This means covering operating and investment expenses relatively comfortably if the oil barrel maintains an annual average that exceeds or approaches the aforementioned average increase in exports throughout the current fiscal year.

This is an activity for the general budget in 2025 that is similar to the spending developments that occurred in 2024."

Saleh pointed out that "what we see is that the current high price structure will likely stabilize without declining even if hostilities between the two parties to the ongoing conflict in the Middle East cease.

This is due to the influence of hedging factors and the buildup of fossil fuel stocks at the global level, in addition to the rapid expiration of the downward cycle of oil assets after taking its current stable form and maintaining balance in energy markets under the influence of the continued multiplicity of geopolitical tensions in more than one place in the global energy demand belts."

He stressed that "this does not preclude diversifying non-oil revenue sources in a transparent and more governed manner, and imposing discipline on any unnecessary expenditures that can be postponed at the present time, in light of the policy."  LINK

Brent Crude Falls After Trump's Comments

Energy   Oil prices fell about 2 percent on Wednesday, after rising earlier in the session, as investors assessed the possibility of supply disruptions due to the Iran-Israel conflict and the possibility of direct U.S. intervention.

By 10:41 a.m. ET, Brent crude futures were down $1.40, or 1.8 percent, at $76.73 a barrel, and U.S. West Texas Intermediate (WTI) crude was down $1.29, or 1.7 percent, at $73.55. Both contracts had gained more than 4 percent in the previous session.

Prices fell after President Donald Trump on Wednesday refused to answer reporters' questions about whether the United States was planning to strike Iran or its nuclear facilities, saying the Iranians had communicated, but he felt it was "too late to talk."

Trump said Iran had proposed holding talks at the White House, but did not provide details. "He's essentially suggesting that Iran say, 'Okay, we're going to stop our nuclear program,'" said Phil Flynn, senior analyst at Price Futures Group. "That would avoid the United States getting into a conflict and reduce the risk."   https://economy-news.net/content.php?id=56402

For current and reliable Iraqi news please visit:  https://www.bondladyscorner.com/

$1.2 Trillion Later, and Air Traffic Control is Still Using Floppy Disks

$1.2 Trillion Later, and Air Traffic Control is Still Using Floppy Disks

Notes From the Field By James Hickman (Simon Black)  June 18, 2025

In 1988, a Professor of Anthropology at the University of New Mexico named Joseph Tainter published a book called The Collapse of Complex Societies. 

Now, “collapse” is a strong word that conjures images of apocalyptic scenarios... Mad Max or Hunger Games drama. But that’s not what Tainter intended.

He uses the term ‘collapse’ in its academic, anthropological meaning, i.e. a breakdown of strength and order in  society. In fact Tainter’s entire career has been devoted to investigating how large, sophisticated civilizations throughout history ultimately “collapsed”.

I first read Tainter’s book more than 15 years ago. And, even though it is a work of anthropology, it is, in my opinion, one of the best books on economic history ever produced.

From the Roman Empire to the Mayan people, Tainter explores how civilizations are born, grow, peak, and decay... and how, more often than not, the decay phase is a direct result of failed government or leadership.

In the early phases of their life cycles when a society is beginning its rise, there aren’t yet enough resources for governments to squander... therefore leaders tend to make very smart, shrewd decisions.

Easy example: the US government purchased over 2 million square kilometers from Napoleon in the year 1803 at a total cost of roughly $15 million. Using gold as a proxy for inflation, that works out to be $2.6 billion in today’s money.

Talk about a bargain. Just the 5 biggest cities which exist today because of that land purchase— Minneapolis, Denver, St. Louis, Kansas City, Oklahoma City— contributed more than $1 trillion in economic activity to the US economy last year, i.e. roughly $170 billion in federal tax revenue.

That’s a hell of a return.

Another example: back in the 1950s, when America had just become the world’s dominant superpower, the Eisenhower administration built the federal highway system that cost about $250 billion in today’s money.

That $250 billion infrastructure investment easily repaid itself many times over in terms of tax revenue and economic growth, let alone quality of life improvements for Americans.

Yet, as Tainter argues, when a society peaks, it begins to lose its ability to make sensible, long-term decisions or to solve complex problems. They set bad priorities, they make bad investments... and they often fail to tackle problems at all.

In contrast to the original $250 billion highway project in the 1950s, the US government allocated $1.2 trillion in 2021 to invest in infrastructure. And how did that work out?

Well, we know former Transportation Secretary Pete Buttigieg spent $7.5 billion of this money to build just seven electric vehicle chargers.

And precisely $0 of that money was used to upgrade America’s air traffic control systems, which have been under intense scrutiny lately for being outdated, overwhelmed, and insufficient.

Talk about something that puts Americans’ lives at risk.

You might be interested to know that these air traffic control systems— which are responsible for making sure that airplanes flying at 500 miles per hour don’t collide with one another— are still relying on floppy disks.

If you’re under the age of 30, you probably don’t even know what a floppy disk is. If you’re under the age of 40, you probably have never seen one.

Floppy disks were removable storage technology that were prevalent in home computers in the 1980s... sort of like a USB memory stick, only MUCH slower and with a fraction of the storage capacity.

A typical 3.5” floppy disk could only hold 1.44 megabytes of data, i.e. not even enough to store even a single photo from your mobile phone’s camera.

Yet this is the technology that America’s air traffic controllers still have to use... because the Transportation Department thought it was a better idea to spend billions of dollars on a handful of electric vehicle charging stations.

The new Transportation Secretary, Sean Duffy, recently called for replacing floppy disks, Windows 95, and paper flight strips; he says this is “the most important infrastructure project we’ve had in this country for decades.”

Somehow, no one thought to use some of the $1.2 trillion authorized in 2021 on the most important infrastructure project in decades.

To be fair, Duffy’s predecessor Pete Buttigieg had other priorities— like ensuring “racial equity” in highway construction and forcing vehicle manufacturers to use female crash test dummies.

But even without all the woke distractions, Secretary Duffy expects the transition to take four years and cost tens of billions of dollars. And many believe this estimate is wildly optimistic...

This is what government problem-solving looks like in the United States in 2025: as Tainter argued in his book, it is an obvious inability to solve problems.

Let’s be intellectually honest and acknowledge the many advantages that the US still has. The private sector is one of the most productive, diversified, and technologically advanced in the world.

The US is also rich in vital resources, from fresh water and farmland to energy and essential minerals.

And, as the world found out over the past several days, US military capabilities and weapons systems are still tip-top. I explained this in yesterday’s podcast about why World War III is less likely because of the Israel/Iran conflict. 

But none of those advantages will matter if the US government fails to solve obvious problems.

If they can’t even manage to upgrade the air traffic control system from floppy disks, how can we expect them to save Social Security or cut the deficit?

To your freedom,  James Hickman  Co-Founder, Schiff Sovereign LLC

https://www.schiffsovereign.com/trends/1-2-trillion-later-and-air-traffic-control-is-still-using-floppy-disks-152992/?inf_contact_key=06cd274a0ca0ad3d3769b0317b77c8c1459d0255b16dfcaa9646d76d6fbd43e1

Frank Giustra Was Right: Global Reset & Gold’s Rise Are Here (Explained)

Frank Giustra Was Right: Global Reset & Gold’s Rise Are Here (Explained)

Taylor Kenny:  6-17-2025

Basel III could change everything—removing paper gold manipulation and bringing physical gold back into the heart of the global system.

Frank Giustra says July 1 could mark a turning point in the global financial system—and your money isn’t safe if you’re not prepared.

https://www.youtube.com/watch?v=bBEXa33rDQw

News, Rumors and Opinions Wednesday 6-18-2025

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Wed. 18 June 2025

Compiled Wed. 18 June 2025 12:01 am EST by Judy Byington

Julian Assange: What We Think We Know as of Sat. 14 June 2025:

Directive Omega: Since June 1 QFS military cyberteams have (allegedly) initiated Directive Omega, collapsing the SWIFT system and transferring 97% of global financial operations into quantum-secured surveillance. Over $89 trillion in (allegedly) assets—tied to human trafficking, war funding, pharma monopolies, and political blackmail—have been seized. Vatican gold reserves, BlackRock control nodes, and Swiss offshore accounts are now locked under Earth Alliance command.

Pentagon audits confirm: the IRS is effectively obsolete, the IMF is collapsing, and international tax law is(allegedly)  being rewritten under GESARA protocols. The Federal Reserve has lost its command functions. Quantum nodes are executing wealth redistribution on a global scale—debt forgiveness, asset-backed digital currency, and restitution wallets for every nation sabotaged by central banking tyranny.

Fri. 13 June 2025: Quantum Financial System and gold-backed Rainbow Currency is (allegedly) live. Massive raids in London, Zurich, Hong Kong. Gold, weapons, blackmail seized. VISA and Mastercard are (allegedly) being phased out. Zim Bonds are being redeemed NOW. Bondholders are being contacted. NDAs are MANDATORY.

~~~~~~~~~~~

Global Currency Reset:

Tues 17 June 2025 Bruce: According to the timelines that have come out Tier4b should be getting notifications for appointments some time Mon. 23 June and we should be exchanging by Tues. 2 June.

Mon. 17 June 2025 TNT Reports: “Being told 800#s were imminent all weekend long. FOREX was to be posted but never showed up. Windows are daily 1pm-6pm and 12am-8am. Though he was told today at any moment, he was told tomorrow (Tuesday) was the more likely scenario. Technically, EVERYTHING is done. Banks were ready with employees in place all weekend.

 The banks are still talking about exchange tiers based on the amount of currency you hold. Word from those that recently tried to get exchanged is that there are no limits on amounts of currency that will get the negotiated rate. SKR’s have been told that rates have increased on Dinar, probably due to oil prices.

Tony was asked about Bolivar, to which he replied that given Venezuelan oil reserves being one the best in the world, he saw no reason why higher rates on Saberano wouldn’t be seen. During the call Tony said he was receiving information that everything was indeed looking very good, but that he would await confirmation before releasing anything on that. And so we wait. All indications are that what has transpired in Iran and Iraq will work in our favor.”

Mon. 17 June 2025 Wolverine: The Pentecostal group is about to start to release the funds to its leaders this week. I’m hoping to receive a call a when that happens I will let you all know with a huge cumbia …Wolverine

Tues. 17 June 2025: GLOBAL CURRENCY RESET: Precious Metals & Quantum Finance Ignite a DINAR and DONG EXPLOSION! TRUMP’S MASTERPLAN REVEALED – The Future of Wealth is HERE! – amg-news.com – American Media Group

Tues. 17 June 2025: DOSSIER: THE SIGNAL THEY WON’T NAME – Inside the Tier 1 Blueprint for a Silent $500 Trillion Reset as Global Financial Realignment Is Already in Motion – amg-news.com – American Media Group

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Mon. 16 June 2025 FINAL PHASE INITIATED! …Ben Fulford on Telegram

GESARA Unleashed

Debt erasure has begun. Mortgages, student loans, credit wiped. QFS absorbs the Fed. Offshore DS trillions repatriated. Patriot-run banking replaces DS finance.

Read full post here:  https://dinarchronicles.com/2025/06/18/restored-republic-via-a-gcr-update-as-of-june-18-2025/

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Courtesy of Dinar Guru:  https://www.dinarguru.com/

Frank26   [Iraq boots-on-the-ground report]   FIREFLY:
Saleh is on TV news saying Iraq is qualified to be the regional financial center.  FRANK:  If you stop and think about it, Iran caused all the problems, is now gone...Congratulations you qualify as the region's financial center.  At 1310?  Really?  The whole region huh?  When you look at other counties that are $3+ and you're the financial hub at 1310?  

Mnt Goat   Article:  "A GOVERNMENT ADVISOR REVEALS THE TRUTH ABOUT THE DEVALUATION OF THE DINAR AGAINST THE DOLLAR."   Quote:  "there is a shortage of cash liquidity in Iraq and that salaries are “unsafe,"  ...in early July the govt’s plan is to pay ALL salaries by automatic deposit in the citizens bank account. If they haven’t set up an account they will not get paid...This action by the govt is hoped to keep more cash in the banks to help with the liquidity issue. It may also flush out the stashes and hoards of cash in the homes that is said to be almost 90% of the issued cash..But remember that you and me also have dinar and our stashes must also come home to roost…lol... :) They are going to come for our dinar next….

SILVER Breaks $37 - What Happens Next? Mike Maloney's Expert Prediction

6-18-2025

Silver Has Broken $37 — What’s Next?  

In this urgent market update, Mike Maloney revisits his “slingshot” prediction and explains why silver’s breakout above $37 is a major milestone for precious metals investors.

With resistance levels from 2011 now in the rearview, silver is positioned for an explosive move — possibly towards $50 and beyond. Mike breaks down the technicals, explains the importance of the $37.12 closing price, and outlines what he expects next in silver’s journey — including a possible retracement and eventual blast into triple digits.

https://www.youtube.com/watch?v=RVsHb4ZH4UU